India

Trading & Investment

SEBI Launches Free Programme to Boost Investor Education

By Ajoy K Das | 12/06/2024

The investor certification examination aims to enhance digital financial education about investing in the Indian securities market.

Fraud, Scams & Cybercrime

RBI Announces Launch of Global Anti-Fraud Hackathon

By Ajoy K Das | 12/06/2024

The RBI is inviting innovations and solutions on real time prediction, detection and prevention of fraud in financial transactions.

Supervision & Enforcement

IFSCA Issues Regulatory Framework for “BATF Services” in GIFT City

By Ajoy K Das | 11/06/2024

The IFSCA has notified a regulatory framework for book-keeping, accounting, taxation and financial crime compliance services offered at GIFT City.

Trading & Investment

SEBI Proposes to Relax Mutual Fund Rules on Trading CDS

By Ajoy K Das | 11/06/2024

SEBI proposes to allow mutual funds to buy and sell credit default swaps up to 10 percent of their assets under management.

Alternative Markets

RBI Relaxes Rules on Investment in Overseas Funds

By Ajoy K Das | 11/06/2024

The amendments allow investment in funds whose managers are regulated, rather than the fund itself, such as in Singapore and the US.

Payments & Settlements

India, Peru Sign Agreement to Develop Instant Payments

By Ajoy K Das | 10/06/2024

NPCI’s international arm signed an agreement with Peru’s central bank to develop a fast payment system similar to India’s UPI.

Market Abuse

SEBI Issues Penalties Framework for MII Surveillance Lapses

By Ajoy K Das | 10/06/2024

SEBI will impose penalties for surveillance-related lapses based on annual turnover and the number of lapses during a financial year.

Fraud, Scams & Cybercrime

RBI to Set Up Digital Platform to Minimise Payment Fraud

By Ajoy K Das | 10/06/2024

The RBI said the platform will allow “network level intelligence and real-time data sharing across the digital payments’ ecosystem”.

Trading & Investment

SEBI Proposes Tighter Rules for Stock Derivatives

By Ajoy K Das | 08/06/2024

SEBI proposes to adjust the market parameters for eligibility to ensure that only high-quality stocks are eligible.